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"We had taken Healy Consultants assistance in incorporating our entities in some of the complicated jurisdictions. Their approach right from the beginning has been very systematic, clear and efficient. It has been a pleasure to work with all of them."

"Thank you Healy Consultants for swiftly project managing my engagement. From the moment I met you in Singapore Healy Consultants attended to my requirements and specific needs. I am more than satisfied with your service. Moreover, your weekly updates allowed me to continue to focus my attention on my global business while trusting you to deliver as promised."

"Thank you Healy Consultants, you were instrumental in setting up of my Hong Kong based company, the whole process was completed in a professional and timely manner."

Terry Skews, CEO Brittany Offshore Limited

"Healy Consultants, a professionally managed firm with clear understanding and knowledge about what client expects from them and delivers the same in a professional and timely manner. Kudos to their team."

"Incorporating any company is comparable to setting the foundation blocks of your new company building, which you aim to build in the best location available. By choosing Healy Consultants you are laying the perfect foundations."

"The one word that defines Healy Consultants is perfect professionalism. If you have Healy to set up your business abroad, you could focus on the operational overhead and let Healy take care of the rest. From Incorporation to Taxation, it’s a one stop solution. Rest assured, you will have the best people in the Industry working for you and providing you with the best possible information and suggestions."

Raja Chakraborty, Director Streamlyn Pte. Ltd.

"Thank you Healy Consultants for successfully project managing our business set up in Kuwait, Lebanon, Qatar and Bahrain."

"When it was time to establish a Space Academy in Singapore, TriVector needed a knowledgeable firm that could not only help us establish our infrastructure, but could also advise on the local and regional business climate. Healy was that firm, which is why we've been satisfied Healy Consultants for almost five years now."

"Healy Consultants were instrumental in the set up of our company. They have continued to provide exceptional support and advice over the years."

Susan Gunnery, Managing Director Qudoss Group

"Healy Consultants is the best firm that we have ever worked with. Through our entire business relationship we were satisfied with provided level of quality and services. Healy Consultants have been responsive and detail oriented which has allowed us to stay focused on our business and not getting distracted with small details."

"Not only did Healy Consultants have expert knowledge of local requirements, they also understood my needs as a foreigner, which is something lacking with the Singaporean consulting firms I spoke to. They drove the process from start to completion. I’m more than satisfied with the service."

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Advantages and disadvantages

Advantages of Tunisia company registration

Tunisia has been a member of the World Trade Organization since 1996, and thus, enjoys all the benefits provided by membership;

Foreigners can start a company in Tunisia with a paid up capital of only US$500 (TND1,000). Directors and shareholders can live outside of Tunisia and Healy Consultants can complete the engagement without them travelling;

When its political situation stabilizes, Tunisia will once again be the preferred hub for foreign investment in Northern Africa because:

Unless they plan to do retail trade, Foreigners are allowed to form branches and wholly-foreign owned companies in Tunisia, unlike most other Northern African and Middle Eastern countries like i) Algeria ii) Libya iii) Saudi Arabia and iv) the United Arab Emirates, where they have to form a joint venture;

The Tunisian Government has signed several investment treaties with countries including i) China ii) South Korea iii) UAE iv) Indonesia v) European Union Member States vi) the United States of America and vii) Canada, giving legal protection to investments made by these countries’ citizens and corporations;

There are no foreign exchange controls in Tunisia;

It is possible to remit earnings abroad without restrictions after payment of a withholding tax of only 5%. Tunisian companies also benefit from a large network of double taxation avoidance treaties with forty-seven countries including: i) Canada ii) China iii) France iv) Germany v) Indonesia vi) Lebanon vii) the United Kingdom and viii) the United States;

Tunisia is a good place to start a call center and other businesses requiring manpower because:

While official statistics on salaries in Tunisia are scarce, the average monthly salary is estimated to be around US$500. Minimum salary is only US$130 (TND274). It is also easy to find workers as the current unemployment rate exceeds 15% and reaches twice that proportion amongst younger generations;

Tunisian workers, including women, are more skilled than their northern African neighbors. The population’s literacy rate is close to 80% and reaches almost 100% amongst people between 18 and 24 years old;

All Tunisians can speak Tunisian Arabic and a significant minority of them (around 30%) are also completely fluent in French. University graduates are additionally usually fluent in English.

Disadvantages of Tunisia company registration

Trading companies can be subject to a joint venture requirement: in accordance with Tunisia Commercial Code No 129, it is likely your Firm will need i) a local, Tunisian national 51% shareholder and ii) a Tunisian resident director who will be the legal registered officer when dealing with the Government. Such requirements are related to the need to get a commercial card (carte de commercant). We can however assist by providing nominee services (click link);

While Tunisia is the only democratic Northern African country, it is still politically unstable due to i) frequent changes of Governments (five since 2011) and ii)several terrorist attacks conducted by groups with ISIS links;

All Tunisian businesses are required to register for VAT.

Best uses for a Tunisian company

Labor intensive services and manufacturing: Like Morocco, Tunisia is often chosen by European companies, notably French ones, as the location their call centers, garments factories and other manpower intensive manufacturing activities.

Company registration

Time to incorporate: Four weeks

Cost to set up: US$12,200

Minimum capital: US$500

Physical office required: No

Required appointments

Shareholders: 2

Directors: 1

Company secretary: Yes

Resident director: Yes

Key facts

Corporate tax rate: 25%

Corporate tax base: Territorial

Shelf companies: No

Main company type: LLC

Frequently asked questions

How many directors are required to register a new business in Tunisia?

Only 1 director is required for registering a company in Tunisia.

How many shareholders are required for Tunisia LLC registration?

At least 2 shareholders are mandatory for registration of a Tunisia company.

What is the minimum share capital required for Tunisia subsidiary registration?

For a limited liability company (SARL), there are no minimum capital requirements.

How to register a company in Tunisia?

Healy Consultants provides Tunisia business establishment services for our Clients. To register a Tunisia resident company, Healy Consultants will i) search for a company name ii) open a corporate bank account to deposit share capital iii) prepare company M&AA and incorporation forms iv) advertise the incorporation in the Gazette and v) register for social security.